A blog which is dedicated to the use of Traditional (Aristotelian/Thomistic) moral reasoning in the analysis of current
events. Readers are challenged to reject the Hegelian Dialectic and
go beyond the customary Left/Right, Liberal/Conservative One--Dimensional Divide.
This site is not-for-profit. The information contained here-in is for educational and personal enrichment purposes only. Please generously share all material with others.
--Dr. J. P. Hubert

Saturday, July 16, 2011

Better Wake Up, Pass the Word and Prepare for Financial Armageddon

The Ultimate Goal of the Bankster-led Political-economic Warfare Being Waged Against Us Is . . . ?

As economist Michael Hudson points out, the European debt crisis is really the product of financial warfare instigated by big banks. Yes, these banks are engaged in warfare against the rest of society. What's going on in Greece is exactly what's going to happen in America very shortly. Why? Because in every industrialized country, the big banks are in the process of offloading their bad debts onto governments. They are then forcing these governments to sell off national assets so that the bankers can be paid what they consider to be their due.
In a nutshell, what it says is that the world is being prepared for the kind of "neo-feudalism" that these banksters (intent on ever more completely becoming our masters and lords) intend to implement. And so it is that America is in the early stages of being subjected to the same type of plundering as Greece and Ireland.

As Hudson explained in 2008, what these banksters and their cohorts are really trying to do is to roll back the Enlightenment, roll back the moral philosophy and social values of classical political economy and its culmination in Progressive Era legislation, as well as the New Deal institutions that embody such legislation. They're not trying to make the economy more equal, and they're not trying to share power -- just the opposite: Their aim is to implement a kind of pre-industrial and even feudal socioeconomic system. What this means is that our economy is being pushed back and put on the road to debt peonage. Hence forth, most manufacturing will be done in Asia and Europe.

What we have here, therefore, is indeed a "Road to Serfdom." It is just the opposite of the government sponsorship of economic progress and rising living standards that we had until Reagan took the White House. Rather, it's the dismantling of democratic government and the dissolution of regulatory agencies, for the purpose of creating this new kind of neo-feudal system. (Don't miss Max Keiser's discussion of this neo-feudalism on the Keiser Report. Just scroll down until you see a picture of economist Michael Hudson on the linked video screen.)

If all this sounds far fetched, consider that Foreign Policy magazine recently ran an article entitled " The Next Big Thing : Neomedievalism ," arguing that the power of nations is declining, and is being replaced by big banks and other corporations, wealthy individuals, the sovereign wealth funds of monarchs, and city-regions.

Also consider that many progressive economists are now telling us that the true purpose of the bank rescue plans is "a massive redistribution of wealth (concentrating ever more of it into the hands of) the bank shareholders and their top executives."

Finally, as the wholly non-partisan Australian economist Steve Keen observed:

"This is the biggest transfer of wealth in history," as the giant banks have handed off their toxic debts (stemming from fraudulent activities) to tax payers in their respective countries. These big banks created bubbles -- using fraud -- because that's the only way they could make the obscene profits they feel they now deserve. ( See this for details ). And be sure to not miss Max Keiser's interview of Steve Keen http://www.globalresearch.ca/index.php?context=va&aid=25586. (Just scroll down until you see Mr. Keen's picture on the linked video screen.)

Indeed, this isn't the "Great Recession", it's the Great Bank Robbery . In simple language, the big banks have pillaged and looted the rest of the world, and now they are beginning to pillage and loot the USA. It is not only Greece that is losing its sovereignty; the big banks are in the process of turning America into a banana republic as well. Remember, the trillions in bailouts went to banks, not to Main Street , and a large percentage of the bailouts went to foreign banks. And so did most of the money from the second round of quantitative easing.

In short, warfare initiated by the big banks has now gone global. As Warren Buffet, one of America's most successful capitalists and defenders of capitalism, has pointed out, "There's class warfare, all right, but it's my class, the rich class, that's making that war." And winning it.

Let's not forget that it was inequality that to a large extent caused the Great Depression and that has also caused the current economic crisis . Finally, let's not forget, either, that the father of modern economics, Adam Smith , didn't believe that inequality should be a taboo subject, and that even some conservatives, in addition to most liberals of course, are against rampant inequality . In spite of this, however, polls show that the vast majority of Americans continue to greatly underestimate the amount of inequality that has, in our country, over the past 30 years, been generated. Most remain largely unaware of the colossal crime that has been committed against them.

Key Components of Each Moral Act

all "3" must be licit in order for the moral act to be permissible (just).

The reigning (immoral) philosophy in the so-called "developed West" is Utilitarianism in which the "ends" desired dictate the use of any "means" available in the accomplishment of a given goal i.e. "the ends justify the means." This by the way was the calculus the Nazi's embraced!

The Nature of Morality as Philosophy

Perhaps the best way to conceptualize traditional morality is to view it as a systematic way of answering questions which ask what "ought" to be done from the perspective of right and wrong. Moral philosophy assumes therefore that notions of right and wrong, good and evil are real that is; exist, both independent of the "knower" and irrespective of time and place.

Furthermore, it claims that these moral absolutes or immutable moral norms are understandable that is, knowable by rational man as part of the natural (moral) law.

From a scholastic (Aristotelian/Thomistic) perspective "ought" questions always involve "3" elements; the object rationally chosen or proximate end, also referred to as means" the intent or further end and the circumstances.

In scholastic moral philosophy what ought to be done is strongly grounded in the nature of being that is to say the "ought" is based on the "is." From a practical perspective this means that the ought is circumscribed by the immutability of human nature that is, bounded by a fixed human anthropology. The essence of our human being then is presumed to be unchanging not evolving and is not relative to time or place. The Enlightenment needless to say wrecked havoc with this principle especially the post-Enlightenment philosophy of Utilitarianism and the post-modern tendencies toward subjectivism and moral relativism.

Finally, most decisions of any consequence made by individuals or groups have at least a moral component even if they are not primarily or fundamentally moral questions. For example, questions of public policy always involve morality since they of necessity ask what "ought" to be done--from the perspective of right and wrong--whether explicit or implied. Whenever we ask what ought we to do, not simply what can we do or is it possible to do; we have entered the realm of moral philosophy.

This site attempts to analyze current events from a moral perspective utilizing scholastic, specifically; Aristotelian/Thomistic moral reasoning.

Neomodernism Rejected

Much of Modern Philosophy Undermines the Genuine Goal of Humanity

NEO-MODERNISM: The Scourge of Western Culture

Noteworthy Quotes

"We have never had a free press. We have deluded ourselves. In the West we now have privatized censorship. There are hundreds of examples."

--Julian Assange

"Capitol Hill is Israeli Occupied Territory."

--Patrick J. Buchanan 6/15/90

“What George Orwell wrote about in 1984 has come true. What Eisenhower warned us about concerning the ‘military-industrial complex’ has come true...War is a permanent feature of our societal landscape, so much so that no one notices it anymore.”

Why do we spend so much on war when we supposedly can’t find the money to help the unemployed?”

--Former Congressman Alan Grayson

"War is a racket. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives."

--Major General Smedley Butler

"It's time to rid the world of Nuclear Weapons"

--Desmond Tutu

"Every human being has by virtue of their humanity a claim on the right to life, shelter, sustinance, work, and medical care since they all represent "goods" the absence of which prevent the full realization of each person's humanity."

--Dr. John P. Hubert

"And so, my fellow Americans, ask not what your country can do for you; ask what you can do for your country."

--John F. Kennedy Inaugural Address

"Millions of people understand that both the Democrats and Republicans will not represent their interests in Congress."

Disagree with what you read on this site? Send a non-polemical letter herefor publication consideration. All letters /e-mailreceived will be considered for publication in whole or in part unless explicitly stating not for publication.

Readers who wish to communicate with the author may send an e-mail here .If you find this site enlightening, please tell a friend or attach the web site url to your e-mail distribution list. If you prefer, click on the message envelope provided; located below each post.

Information

To Search this site see "Search Blog" at the very top (left) of your screen and enter appropriate search word or phrase.

To see more on a particular post's topic click the"Labels" just below each post.